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Parker Hannifin (Parker Hannifin) PEG Ratio : 2.82 (As of Apr. 26, 2024)


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What is Parker Hannifin PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Parker Hannifin's PE Ratio without NRI is 25.35. Parker Hannifin's 5-Year EBITDA growth rate is 9.00%. Therefore, Parker Hannifin's PEG Ratio for today is 2.82.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Parker Hannifin's PEG Ratio or its related term are showing as below:

PH' s PEG Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.97   Max: 470.4
Current: 2.82


During the past 13 years, Parker Hannifin's highest PEG Ratio was 470.40. The lowest was 0.77. And the median was 1.97.


PH's PEG Ratio is ranked worse than
67.43% of 1274 companies
in the Industrial Products industry
Industry Median: 1.71 vs PH: 2.82

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Parker Hannifin PEG Ratio Historical Data

The historical data trend for Parker Hannifin's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parker Hannifin PEG Ratio Chart

Parker Hannifin Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.48 1.81 1.71 2.88

Parker Hannifin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.03 4.38 2.88 2.41 2.06

Competitive Comparison of Parker Hannifin's PEG Ratio

For the Specialty Industrial Machinery subindustry, Parker Hannifin's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parker Hannifin's PEG Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's PEG Ratio falls into.



Parker Hannifin PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Parker Hannifin's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=25.350929814037/9.00
=2.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Parker Hannifin  (NYSE:PH) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Parker Hannifin PEG Ratio Related Terms

Thank you for viewing the detailed overview of Parker Hannifin's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Parker Hannifin (Parker Hannifin) Business Description

Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
Executives
Joseph R Leonti officer: VP, General Counsel, Secretary 6035 PARKLAND BLVD, CLEVELAND OH 44124
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Denise R. Fleming director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Todd M. Leombruno officer: VP & Controller C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Dinu J Parel officer: VP - Chief Information Officer 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124-4141
Robert W Malone officer: VP, President--Filtration Grp 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Berend Bracht officer: VP & Pres.-Motion Systems Grp. 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Rober S Sherrard officer: VP, PRESIDENT-INSTRUMENTATION 6035 PARKLAND BLVD, C/O PARKER HANNIFIN CORP, CLEVELAND OH 44124
Mark J Hart officer: EVP - HR & External Affairs 6035 PARKLAND BLVD, CLEVELAND OH 44124
Lee C Banks officer: VP, PRESIDENT-INSTRUMENTATION PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44124-4141
William R Bowman officer: VP-Pres - Instrumentation Grp 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Thomas C Gentile officer: VP-Global Supply Chain C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Andrew D Ross officer: VP and President - Seal Group 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark T Czaja officer: VP-Chief Technology & Innov. PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124